Keeley Teton Advisors LLC Has $3.95 Million Stock Position in Enpro Inc. $NPO

Key Points

• Keeley Teton Advisors LLC reduced its stake in Enpro Inc. by 20.9%, selling 6,432 shares and owning approximately 0.12% of the company valued at $3.95 million as of the latest SEC filing.
• Enpro reported a missed earnings per share estimate of $2.03 for the last quarter, slightly below analysts' expectations of $2.08, but achieved a revenue of $288.1 million, above forecasts.
• The company has announced a quarterly dividend of $0.31 per share, scheduled for payment on September 17th, with an annualized yield of 0.6%.

Keeley Teton Advisors LLC reduced its position in shares of Enpro Inc. (NYSE:NPO - Free Report) by 20.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,393 shares of the industrial products company's stock after selling 6,432 shares during the period. Keeley Teton Advisors LLC owned about 0.12% of Enpro worth $3,947,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in NPO. Nuveen LLC bought a new stake in Enpro during the first quarter worth $28,702,000. Bamco Inc. NY bought a new stake in Enpro during the 4th quarter valued at $24,208,000. GAMMA Investing LLC lifted its holdings in Enpro by 31,373.0% during the 1st quarter. GAMMA Investing LLC now owns 80,571 shares of the industrial products company's stock worth $13,036,000 after purchasing an additional 80,315 shares in the last quarter. Northern Trust Corp increased its holdings in Enpro by 20.8% during the 4th quarter. Northern Trust Corp now owns 268,542 shares of the industrial products company's stock worth $46,310,000 after acquiring an additional 46,191 shares during the period. Finally, Congress Asset Management Co. raised its position in shares of Enpro by 8.0% in the first quarter. Congress Asset Management Co. now owns 338,764 shares of the industrial products company's stock worth $54,809,000 after buying an additional 25,005 shares in the last quarter. Institutional investors own 98.31% of the company's stock.

Insider Buying and Selling at Enpro

In other news, EVP Robert Savage Mclean sold 2,541 shares of the business's stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $223.77, for a total transaction of $568,599.57. Following the completion of the transaction, the executive vice president directly owned 29,116 shares in the company, valued at approximately $6,515,287.32. The trade was a 8.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 1.60% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

NPO has been the subject of a number of recent research reports. Wall Street Zen upgraded Enpro from a "hold" rating to a "buy" rating in a research report on Sunday, August 3rd. KeyCorp raised their price target on Enpro from $220.00 to $240.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Oppenheimer upped their target price on shares of Enpro from $215.00 to $240.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $240.00.

Enpro Trading Up 0.2%

Shares of NYSE NPO traded up $0.40 during trading on Thursday, hitting $226.60. 119,778 shares of the company traded hands, compared to its average volume of 134,454. The company has a quick ratio of 1.65, a current ratio of 2.49 and a debt-to-equity ratio of 0.31. Enpro Inc. has a 1 year low of $133.50 and a 1 year high of $231.94. The firm has a market capitalization of $4.77 billion, a P/E ratio of 56.65, a P/E/G ratio of 2.26 and a beta of 1.62. The company has a 50-day moving average price of $209.77 and a 200-day moving average price of $185.74.

Enpro (NYSE:NPO - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $2.03 EPS for the quarter, missing analysts' consensus estimates of $2.08 by ($0.05). Enpro had a return on equity of 10.49% and a net margin of 7.83%.The firm had revenue of $288.10 million for the quarter, compared to analyst estimates of $283.83 million. During the same period in the previous year, the firm posted $2.08 earnings per share. The company's revenue for the quarter was up 6.0% on a year-over-year basis. Enpro has set its FY 2025 guidance at 7.600-8.10 EPS. On average, equities analysts predict that Enpro Inc. will post 7.38 EPS for the current year.

Enpro Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 17th. Investors of record on Wednesday, September 3rd will be paid a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, September 3rd. Enpro's dividend payout ratio is presently 31.00%.

Enpro Profile

Enpro Inc design, develops, manufactures, and markets proprietary, value-added products and solutions to safeguard critical environments in the United States, Europe, and internationally. It operates through two segments, Sealing Technologies and Advanced Surface Technologies. The Sealing Technologies segment offers single-use hygienic seals, tubing, components and assemblies; metallic, non-metallic, and composite material gaskets; dynamic seals; compression packing; hydraulic components; expansion joints; and wall penetration products for chemical and petrochemical processing, pulp and paper processing, nuclear energy, hydrogen, natural gas, food and biopharmaceutical processing, primary metal manufacturing, mining, water and waste treatment, commercial vehicle, aerospace, medical, filtration, and semiconductor fabrication industries.